Living in Lake Catherine, Illinois

Cost of living, income, home prices, rent and demographics of Lake Catherine · Census data 2020–2024

Lake Catherine has 968 residents with a median age of 51.2. The median household income is $91,667 (10% higher than the Illinois median), the median home value is $257,200, the median rent is $1,161/month.

Lake Catherine is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Lake Catherine at a glance

Population
968
Median age
51.2State: 39
Median household income
$91,667State: $83,390
Median home value
$257,200State: $263,300
Median rent
$1,161/moState: $1,274
Homeowners
79.7%
Bachelor's degree or higher
33.9%
Average commute
33 min

Is Lake Catherine a good place to live?

Pros: Median household income 10% higher than the Illinois median; home values about the same as the state median.

Cons: An average commute of 33 minutes; unemployment of 9.7%; a poverty rate of 11.9%.

The weather is best in June to September.

Cost of living in Lake Catherine

Housing is the biggest part of the cost of living. In Lake Catherine the median home value is $257,200, 23% lower than the U.S. median. Renters pay a median of $1,161 per month, which is 31.3% of household income. Homeowners with a mortgage pay $1,839 a month in housing costs.

Median home value

Lake Catherine$257,200
Illinois$263,300
United States$332,700

Median monthly rent

Lake Catherine$1,161
Illinois$1,274
United States$1,413

Lake Catherine median household income

The median household income in Lake Catherine is $91,667 and the income per person is $57,554. 11.9% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Lake Catherine$91,667
Illinois$83,390
United States$80,734

Housing in Lake Catherine: homes for sale and rent

Housing units
629
Owner-occupied
79.7%
Renter-occupied
20.3%
Vacant
25.6%Includes seasonal homes
Median year built
1960
Average household size
2.06

Lake Catherine demographics

Population
968
Median age
51.2
Under 18
10%
65 and older
22.1%
Households
468
Foreign-born
3.6%
Veterans
5.1%Adults 18+

Race and ethnicity

White94.3%
Hispanic or Latino0%
Black0%
Asian1.4%

Hispanic or Latino can be of any race. Population history of Lake Catherine ›

Education in Lake Catherine

33.9% of adults 25 and older in Lake Catherine have a bachelor's degree or higher (Illinois: 37.8%), and 10.1% have a graduate or professional degree.

Bachelor's degree or higher

Lake Catherine33.9%
Illinois37.8%
United States35.7%

Jobs and commute in Lake Catherine

Unemployment rate
9.7%State: 5.8%
Average commute
33 minState: 28 min
Work from home
18.4%
Drive alone
70.6%
Public transit
0%
Walk to work
1.3%
Homes with broadband
96.8%

Lake Catherine vs nearby towns

TownPopulationMedian incomeHome valueRent
Lake Catherine968$91,667$257,200$1,161
Channel Lake2,052$68,250$223,000$1,584
Antioch14,859$108,899$306,700$1,129
Salem Lakes14,366$94,819$316,100$1,184
Fox Lake11,131$70,819$228,100$1,047
Fox Lake Hills2,399$111,964$245,000$1,390
Lake Villa8,683$118,750$351,700$1,533
Paddock Lake2,947$87,800$255,700$1,283
Spring Grove5,917$134,210$398,400—

More for people moving to Lake Catherine

Lake Catherine ZIP code ›Weather and climate ›

Living in Lake Catherine: FAQ

What is the median household income in Lake Catherine, IL?

The median household income in Lake Catherine is $91,667, 10% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Lake Catherine?

The median home value in Lake Catherine is $257,200, compared with $263,300 in Illinois.

How much is rent in Lake Catherine?

The median gross rent in Lake Catherine is $1,161 per month, about 31.3% of household income.

Is Lake Catherine, IL a good place to live?

Pluses: median household income 10% higher than the Illinois median; home values about the same as the state median. Minuses: an average commute of 33 minutes; unemployment of 9.7%; a poverty rate of 11.9%.

What is the median age in Lake Catherine?

The median age in Lake Catherine is 51.2 years (Illinois: 39).

How long is the commute in Lake Catherine?

The average commute to work in Lake Catherine is 33 minutes; 18.4% of workers work from home.

What is the unemployment rate in Lake Catherine?

The unemployment rate in Lake Catherine is 9.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lake Catherine?

33.9% of adults in Lake Catherine have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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